The index rebounded collectively today, and the gem index led the rise all day. On the disk, cro and other pharmaceutical stocks rose sharply, and the power and port sectors strengthened in the afternoon. On the whole, the sector shows the characteristics of rotating rebound. Yesterday’s rise against the trend of the risk aversion sector, today’s collective adjustment. Overall, individual stocks rose more or fell less today, with more than 3300 individual stocks rising in the two cities. The turnover of Shanghai and Shenzhen stock markets today was 1018.8 billion, a decrease of 343.9 billion compared with the previous trading day. As of the close, the Shanghai index closed at 3451.41 points, up 0.63%, the Shenzhen index closed at 13412.92 points, up 1.21%, and the gem index closed at 2855.80 points, up 2.58%.
In terms of sectors, CRO, covid-19 detection, electric power, port shipping and other sectors led the increase, while coal, gold, military industry, gas and other sectors led the decline. Cro concept led the rise, with Chengda pharmaceutical rising by 20%, Shanghai Medicilon Inc(688202) by more than 11%, Porton Pharma Solutions Ltd(300363) by more than 9%, Joinn Laboratories (China) Co.Ltd(603127) by more than 8%. In vitro diagnostic changes, among which, Asahi biology and Guangzhou Wondfo Biotech Co.Ltd(300482) increased by 20%, Hangzhou Alltest Biotech Co.Ltd(688606) increased by more than 17%, Zhejiang Orient Gene Biotech Co.Ltd(688298) increased by more than 14%, Beijing Hotgen Biotech Co.Ltd(688068) increased by more than 10%. The port transportation sector started in the afternoon, Jinzhou Port Co.Ltd(600190) limit, Jiangsu Lianyungang Port Co.Ltd(601008) limit, Nanjing Port Co.Ltd(002040) rose by more than 8%, and Chongqing port rose by more than 6%.
Short term investment direction: before the cease-fire of military conflict, the risk aversion in the global market still has inertia and can be based on the defense of risk averse assets, including natural gas, oil, military industry, gold, US debt, US dollar, etc. If the Russian Ukrainian conflict does not cease fire in a short period of one or two weeks, but continues beyond expectations, the strength of energy, gold, Shenzhen Agricultural Products Group Co.Ltd(000061) and other commodities may also exceed expectations. It is suggested to track the changing trend of the situation and hold positions strategically.
